Washington State Hospitals Struggling Financially
(Seattle, WA) -- Washington state hospitals are struggling financially. According to the latest financial survey, hospitals across the state lost nearly two-billion dollars in the first half of 2022. The survey shows operating revenue increased by four-percent in the first six months of this year compared to 2021, but expenses went up by 11-percent over the same time period. The Washington State Hospital Association says the financial outlook isn't sustainable and that revenue isn't keeping up with escalating costs.